_ . ,.,;, . �'F`'.":"�%�'P��s"
<br /> , . -• ..s..�,
<br /> .
<br /> . ,.,A.;.. .._�...�;.,.,.. __,.
<br /> 7. Prot�ctlon of L�ndtr'a Rlpht� in Ihe Prop�rty. u Bonoww t.ws io �orm s►,• cownant� u+d aor.sm�n�
<br /> eont�fn�d In Ihl� 9�curky I��trumrnt,or th�n a a Mpal procMdlnp th�t rr�y shnMic�ntly�M�cl l.�d�r's rlphl� In th� Prop«tY(tueh u
<br /> •prpoNdinp fn b�nkruptCy, prob�t�,lot cond�mnllbn or foMRun or lo�nforc� i�wt or npuYlbnq, thm L�nd�r may do and pey la
<br /> wl�t�v�r Is n�c�ttuy to proacl th�v�U� ol th�Prop�rly and Undw'� riphtt In Ihf Propaty, L1ndtY's �ctbn� may fnclud� p�Yinp
<br /> �ny suma NcurW by � I»n whkh h�s priorily o�w thK S�curNy In�tsumk+t, apP�uinii fn court, p�yfny naon�bw attom�y'�!w�and �
<br /> �ntniny on th�Prop�rty to mak�r�p�k�. Akhoupn L�nd�r mYY t�k��Clbn undK thk pulpraph 7,L�ndM dON not haw tA do s0. �
<br /> My �mounla dkbun�d by l�nd�r unda thM panpnph 7 ah�A Wcom� �ddNk�ru� d�b� ol Borrow�r s�cur�d by thM S�curNy �
<br /> Inttnim�nt• UnMf• BorrowK �nd LlwidK �pr� lo olh�r tumfc of p�ym�nt, thM11 unountl fh1M b�ar Inlwnt hom th� dah Of
<br /> dMbun�nwnt�l th�Nole nt��nd sh�M b� p�yabM,wNh fnbrNt,upon nol�C�kom Undw lo BonowK rpu��llny P�Y�^�•
<br /> e. Mortq�g� Inwr�nc�. II lond�r nquir�d nwrtp�W ��ur�nc� u � condkion ol rrwkfnp th� ban s�r,ursd by thk S�eurky
<br /> In�trumont, Dorroww chaA pay tha premlums requted to mahteln the mortp�� htur�nc� in�Mrcl, 11, for�ny rNron, th�moctpp�
<br /> inwru►c�cowrap� nquind by L�ncMr MpsK o� a�sa to b� h�Hrcl, Borcow�r�haN p�y th� pnmlums nqulnd to obt�ln cowrp�
<br /> subst�ntNNy �qufwMnl to th� mortplp�hsurnc+prwbusy In �Mact, �t• Co�t sub�t�nt�My qufwlln!to th�co�t to Bortow�r of th�
<br /> mortp�p� h�unnc� pnvbu�y in �Il�ct, hom�n ��ntl� moAp�p� Insunr �pprowd by L�ndK. II tubalanlMNy �quhr�wnl moMpp�
<br /> hsunnc� cownp� b not avawbls, Borroww shN p�y lo LYndM' �h mon►h � aum�qwl to o�Ft�wMh of th� YouN i►wNpWe
<br /> insunnc�pnrnium b�hp p�id by 6ortow�r wh�n �M insur�nc� cownp�wP��d or cw�s�d to b� In NhcL Und�r wfN�cc�pt,us��nd
<br /> rNah tha� paymmts �s � bs� racsne in I»u o� rnoAp�p� hsuranc�. Los� nsww paymmt�may no bn�r b� nquk�d, at th�
<br /> option ol L�nd�r, if mortWqe hsunnc� covK�pe(in ►h� �moun► and for tha palod thst Lend�r requka) provkf�d by �n k�sunr
<br /> �pprowd by L�nd�r �y�in b�com�s wail�bM and b obl�h�d. 8orcow�r shaN pay th� pnmiums r�qut�d to rrwht�h mortpp�
<br /> Insw�nC� in �M�ct, u to provid� a bts r��Kw,untM ih� nquirMrNnt �or mortp�p� „turanC� �nds h accordanc� wNh �ny wrlltMf
<br /> prMnrnt bNw�+n BortowK�nd L�nd�r or�pplb�bl�yw•
<br /> �. In�p�ctbn. LMdsr or Ns �p�nt au�Y a►+►k� rw�onabw MtrMs upo� u+d M�p�cl'on�of lh� Propwty. Undw�h�N pYw
<br /> BortowK noiic��t th�t6r►�ol or prbr to an hsp�ctbn sp�cifyinQ rNSOn�bN c�us�lor the intp�ctan.
<br /> 10. CondemniU011. Th• proCfwds of my �ward or CkMn tOr d�mapN� dinCt a conwqwnt�l, in ConMCtbn wkh �ny
<br /> condrnxu�lbn or otliw takk�p of any paR of the Prnpe�iy, or for convayanc� In Nw of cond�rmatan, an h�nby �fsipn�d and ah�A b�
<br /> pwid to Und�r. �
<br /> In IM w�nt ol a tot�l t�khp of th� PropsrtY, th� proCBQds sh�N b� �pplhd to tM sums 1�CUrW by thlt S�curky Inttrummt,
<br /> wMlh�r or not th�n du�, wRh �ny �xCacs p�ld lo Bonower. In Ihe rwnt of• partk�l takf�p oi ih� Prop�rty in whiCh th1 blr muk�t
<br /> wlu� of th� Prop�rty imrtadi�wN bafora th� takhp is oqu�l to or prwter than ths �maunt of Ihe sums s�cund by this S�cu�ty
<br /> Inxtrurtwnt inxn�dyt�y baloro tha ukinp, unWAS 8orruwer and Lendar othsrwfsa a9re�h wrilhq,lh� sums s�cund by thk S�curly
<br /> Inttrumw�t sh�M W nducW by th� �mount of IM procwds multlp�wd by th• foNOwYp n�ctbn, (�) lhe tot�� m'iount of th� sums
<br /> s�eWW fmrmdl�tNy bMo►� tM t�klnp, dNW�d by(b) lh� hk ma�CVt vrlu� of th�Propwty �nn.dr►•y b.�on tn�w�rq. �nr ba�
<br /> shal b� pald to 9ortow�r. In 11� w�t of� P��I uUchq at th� PropMtY In wh�h th�fak rt►�rkK vrlu� ol th� Prop�rty Mnrn�dMbh�
<br /> b�fon tM tak�p k �s� than lh� �mount ol th�sum� s�cund M�+�nrdytay brfon th�lakinp, unNss Borrow�r and I.�nda otMrwlN
<br /> prw in wrNhp or unMt� �pP�cabM �w oth�rwk� provid�s, th� prxwde sh�N b� �ppN1d to►1►� tu►ni s�cur�d by thk S�eurMy
<br /> Instrurrwrt whMh�r or not lh�sums Rn th�n du�, '
<br />, M�l,.�nn�rty k ab�ndon�d by Borrow�r� or r, ad�r not�ce by L�nd�r ta BorrowK that tM aond�►or a1Mrs to m�ke an�wud or
<br /> sNtr� eyM fot darn�pK� 9ortowK hYS lv nspond to Undsr wkhh 30 d�ys ad�r tlN Oau tn�notira is pirn�Lwii+ir� p w���w�
<br /> to colwct�nd�ppy tM prxMds, �t kf optlon. �1her to nstontbn or np�lr of tM Prop�ty or to tM sum� s�cured by thk 3�curly
<br /> InsburtNnt, wA�tMr or not tfwi du�.
<br /> UnMss I.�ncrr and Borrow�r olh�rwk��gre�h wrRfnp, �ny epplc�Can ol proc�ch to p�'+clp�l sh�lt not �xtM+d a poflpaN Ih�
<br /> dw dat�of tM monlhy p�ym�nts rN�rtW to h pua9nphs 1 and 2 or chanp�th��mount ol tuch payn►pnta.
<br /> t t. Borrower Not RNea�ed: Forb�rance 8y L�nder Not a W�iv�r. Ext�ntb� of tr» cwn. ror pynrr�t a
<br /> modYic�tion of amortfs�tion of IIN fum� s�cur�d by thb S�CUrily Instrum�nt pru�t�d by UndK to ny wecN�or In In1�at a 9arovw
<br /> =ha1 not opwtl� to rW�s� th� IIWWIy o}lh� odphal BorcOw�r or Borrow�t s�"C�ssort In hf�rltt. L�ndM fh�M nol b�n9u1'�d b
<br /> �ormnK�c� procNdlnps�in�t any succ�ssw ii harat or nh,s� to uct�nd tkn�1or p�yrrwnl or otMewls�mod1Y M+orttraUor► of tl�
<br /> wm� s�cw�d by thls S�curky I�strum�nt by n�son of �ny d�rr►�nd m�d� by th� aiplml Bartowp or 8arov+k� uioonsas h
<br /> Ino�r�st. My forbN�ane�by UnWr In�xwckfnp�ny ripht or r�dy shaM not b�� �+n►�rw�of or Dnewdi lh� �wrcM�of Ny rtpht a
<br /> �Y•
<br /> 12. Succtaors �nd AsN�ns Bound; Jolnt�nd Sewral Llablllty;Co-dOrnrs. Tn. ao�+n.�++ «+d
<br /> prwrMnts ot thft S�curky Inctrum�nt sh�N bind w�d b�nNR tM succ�aton a�d ����n oE 4nd�r a�d Bortow�r. subpet to th�
<br /> provkbns oi p�r�g�aph t7. Borrow�r's cown�na and�prwrrwnti sh�N b�Joht�nd s«..a� �nr sa►ow.r wno co-��d conv�y t�t
<br /> Inswmmt but doos not axrcut� lha Nolr. (a1 Is co•sipninp thk S�curAY �n�trum�M a^b 10 rs�orip+ip�: priv��
<br /> BorroM,.ra n�.r..� h m�PropMy unWr th�t�rmi of Ihfs S�curiy InslrurrNnl; (b)k no►p�non■h obw'w�.d�o wY�..u'"'� �"°1fd
<br /> bY tnb S�curMy Inrirum�nt; �nd (c) ayrMS thaf landar �nd �ny othr 8orrowu muy+pn� t��ocb^d, modNy. b�r or mak� �ny
<br /> �ecommodatlons wAh rpartl to torms of thb SocurRy Instru�►wnt or tha Not�wkhout th�l Borrow�� eonsaft.
<br /> i 3. LWt1 ChW'Qli. If th� k�r► a�cur�d by thla S�curity Inttrum�nt M �tubj�ct to� 1�w which tN6 mvcimum bon ahMpM.
<br /> Iuid thtl yw k HnaNy intKpntW to th�t th� inNr�st or othM b�n chWy�i CoN�et�d or t0 b�colbet�d•tn caxMOtlon wRh tM bM�
<br /> �xc�sd t1N p�rmkt�d IImRs, thm: (�) �ny such bUn charp�s shap b�r�duc�d by th�unount nlc�swry to hdue� IM clwp� to lIN
<br /> pKmNt�d Nrnit; �nd lb)�ny sums alrMdy colNcbd I�om BoROw�r which �■cNd�d pKmMad M�ks wGl b� rMu^Wd to BonowM. I.�ndK
<br /> rrwy Choos� to mak� fhit n1'�nd by rWuClny tM prnCipal ow�d undK tM NOt� or by mlkfny*ed�i���tM No�« M�
<br /> nhmd nduC�s Prhe�Pe4 th�nductbn wiN b�tr.e�ud�t �pu►�I pnp�yrtNnt wkhout onY P�Y� f�
<br /> 1�. Notices. Any not�� to Bortowar provid�d for h thls S�curity lnetrwrnnt shat! b� �hNn by doW+rinO k or by nrNhp N by
<br /> 1'rst crts rryA unMts applfcabM yw requirl6 ut� ol �noth�r rrNthod. The nol�� sh�1 b�dinctW tv iM PropvAy AddrKS or rny
<br /> olh�r addnss Bonow�r Wspn�tes by notko to lsnd�r. Any notico to LontNr eha��b� 9A� by fint cl��s rrwY to Unda's �ddn�s
<br /> sl�tW h�nln or �ny oth�r addnss L�ndur desiqn�tes by not�e to Borrow�r. MY no►ka pro�id�d tor fn lhis S�curily Instrwn�nt �h�U
<br /> b� d�m�d to h�w beM pN�n to Borrow�r or la�der wh�n q�van��provlded in thfs pK�pnAh.
<br /> 15. Govtrnlny l.�w; SeverablNry. rn�s sacurny Instrumant shall bs 9o�smw br ad.rri ww .nd �h• rw o� �h.
<br /> �urisdfctbn in wh�h the Propaty is located. In IAS went Ihat eny provlsbn or c�us�o� tha S�eurriy InEtrum�nt or tho Nob conlliCts
<br /> with appltc�bM lew, such conllbf shad not oHpct other provislons ol lhla SecurAy I�slrurnenl or the NOb wh�h c�n b� ON�n �M�C�
<br /> w�thout tha conllictiny provision. To thls snd tha provisions of thib SaCUrRy InstrurtN�l�nd tA� Nol� �n d�eMnd to be Sev�nbN.
<br /> 16. Borrower's Copy. Borrower shaM be qlv�n one conlormed coDY of tho Not�s end of thie S�curky Inttrument.
<br /> »_ Tranafer of the Proaerty or s 8enefiCiel Intereat In Borrower, u an or �ny o,�rt oi cr,. prop.�y or .oy
<br /> _.
<br /> hbrssl h k �a sold Of tr�nSfK�ad(Of ff a benilclal htarast h Borcowar IS 60W Of tnnsnrnd mo 'ovrrvwii w i"vi� i��i�7� �:•:..•s
<br /> wkhout Lender's pr�or wrilt�n cona�nt,Lend�r nuy. �t its aptbn, roquka knmad�t�paymant h fuM ot dl sums s�ound by thk S�cwky
<br /> mstrums�!• However, this optbn sh�ll not be ex�rcised by Lander if exercls�Is prohibiUd by feWral I�w ae of th�dU� of thh S�curMy
<br /> Instrument.
<br /> If Lsnder sxercfsss thla optfon, Lendar shal qWo Borrower notfco o� �cc�Nntlan. Ttw notC� shall prov{d� a p�riod ol not Mts
<br /> tha� 30 days from ths tleta the notbe fs deliverod or melbd wlthin which the Horrowrr muSt p1y �II Sums s�CUrod by thb SeCU�ky
<br /> Instn�menf. II Borrowpr lafls to pay these sums prlar to lha expfrelbn Of lhls pariod. LMder may hvoke any rerrndi�psrmkl�d by this
<br /> S�curfty Inslrument withuut further notlCe or demand on 8orrowar. ForM aoz��Iw
<br /> F102Y.LM0(10/07) f'ap�9 0l S
<br /> e9E
<br />
|